DWF Labs partner: Meme coin is a culture related to people, and it is worth learning from for everyone who wants to make a successful project

According to BlockBeats, on September 17, Andrei Grachev, managing partner of DWF Labs, attended FarCon Asia, the first large-scale offline Farcaster ecosystem event in Asia, and spoke at a roundtable themed "Meme and NFT also have dreams":

Projects that look really good and promising. I think there is about a 95% chance that new tokens will be launched. When you invest in normal projects, you need to wait (for them to launch coins), which may be months or even years. But with Meme coins, you can receive feedback almost immediately. Meme coins are a cultural structure that people are related to. If we talk about successful culture, people should understand this.

Who is behind the project and how can you leverage all the resources you have to make it successful. I believe that's where we need to focus. I think Meme Coin is a perfect example of where you need to have a community, you need to have traders, you need to be able to inject liquidity, you need to have connections with trading platforms, and you need to be creative enough to create something that people like.